Apana Logistics IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Allotment Chances
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 20.33 | 21.61 | 31.07 |
| Expense | 16.22 | 17.24 | 21.84 |
| Profit (PAT) | 3.00 | 3.17 | 5.86 |
| Total Assets | 25.56 | 29.42 | 36.84 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Premiere Roadlines Limited | 5.97 | 6.97 | 14.23 | 44.93 | 330.76 Cr |
| VRL Logistics Limited | 13.54 | 22.15 | 21.27 | 65.31 | 3,221.11 Cr |
Promoters: Pratyaksh Sureka
Strengths & Risks
- Revenue grew 44% in the latest reported year.
- Solid profit margin — 18.9%.
- Strong return on equity — 34%.
- Low leverage — debt/equity of 0.31.
- Grey-market premium is slipping during the bidding window.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Since its establishment in 1992, Apana Logistics has been providing end-to-end container transportation and logistics services. The firm offers a wide range of services: container handling at Container Freight Stations (CFS), Inland Container Depots (ICD), and ports, road transportation, cargo handling at third-party warehouses, and the repair, operation, and maintenance of truck-trailers (TT). The firm works with some of India’s major container terminals and port operators. As of August 31, 2025, Apana Logistics owns and maintains a fleet size of thirty-three (33) truck-trailers and five (5) reach stackers. So far, the company has served more than 10 customers, of which 2 out of its 5 top customers have been in long-term relationships for over 10 years.
| Purpose | Amount (Cr) |
|---|---|
| Funding capital expenditure requirement of company towards purchase of reach stackers | 25.00 |
| General corporate purposes | - |
Resources & Documents
11A, Rajshree 6, Hastings Park Road Kolkata West Bengal
Apana Logistics has fixed the issue price at Rs 60 per share for an issue size of Rs 34 crore. The subscription window has closed; shares are expected to list on September 15, 2026 (1 day away).
Since its establishment in 1992, Apana Logistics has been providing end-to-end container transportation and logistics services. The firm offers a wide range of services: container handling at Container Freight Stations (CFS), Inland Container Depots (ICD), and ports, road transportation, cargo handling at third-party warehouses, and the repair, operation, and maintenance of truck-trailers (TT).
The issue is promoted by Pratyaksh Sureka with Corporate Makers Capital Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure requirement of company towards purchase of reach stackers (Rs 25 crore) and General corporate purposes.
Grey market is quoting a premium of +Rs 1 (+1.7% over issue price), down Rs 7 from the previous session. Final subscription data records overall subscription at 1.30x, retail at 2.22x, NII at 0.39x.
At the upper end of the price band, the issue is priced at a post-issue P/E of 12.10x. On fundamentals, the company is posting revenue growth of 43.8%, a profit margin of 18.9%, return on equity of 33.8% in its most recent reported period. Listed peers in this segment include Premiere Roadlines Limited (P/E 6.97x) and VRL Logistics Limited (P/E 22.15x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Allotment status can be checked on the registrar portal once published; see the allotment links below.
Apana Logistics IPO GMP — What It Means
The latest grey market premium for Apana Logistics IPO is ₹1 (+1.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Apana Logistics it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Apana Logistics GMP history and trend, or learn how grey market premium works and how reliable it is.
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